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Reuters Asks: Is the party over for planemakers?

July 13 - As defence budgets around the world are slashed and airlines struggle with high fuel prices and falling demand, we ask whether the party's over for the world's big planemakers.

TRANSCRIPT +

Oh my heavens and that the party's over quite for only the second day of the show. We're anticipating that the defense budget downturn in US and Europe say longer term down. -- we expect that you relatively flat market works. Next. On the other hand is growing budget Middle East Asians typically and somewhat offsetting its idiot trying to that it. -- the book too which is huge and so we already have a -- then but some -- -- East sometimes making but I think it was to -- -- probably the biggest tenant we are facing our. Partners have reasserted their commitment to the F 35 and expected to continue this and we have other. Strait cooperation partners. That completely. We are confident that -- Silicon I think we have a duplicate posts. -- some of that essence of the right into the -- that's best for me. Or help us. No question here in Europe the airlines. Have been suffering it's been -- very difficult time but at the same time we do -- markets that are successful. And the good news is that traffic is growing and airlines as a whole this year should be profitable. What's the new line and some key activists and production expenses in the company's -- please -- if -- Those people ordering us to slow down at some point because we're building aircraft as an industry and about less than 12100 aircraft. You Boeing and Airbus -- he'll be under twelve under here we've got in backlog over a thousand so we're looking at six. Seven years with the production running flat out we don't -- anything Mexicans living here.

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